TERRENO REALTY CORP (TRNO) Stock Technical Analysis
NYSE:TRNO - New York Stock Exchange, Inc. - US88146M1018 - REIT - Currency: USD
Taking everything into account, TRNO scores 0 out of 10 in our technical rating. TRNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TRNO is a bad performer in the overall market: 73% of all stocks are doing better.
TRNO is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 60% are performing better than TRNO.
In the last month TRNO has a been trading in the 54.42 - 60.23 range, which is quite wide. It is currently trading near the lows of this range.
TRNO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRNO is lagging the market slightly.
TRNO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.59
70.23
When analyzing the support we notice one important area.
- A support zone ranging from 54.13 to 54.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 57.11 to 57.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 58.53 to 59.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.94 to 68.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TRNO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRNO is down. |
| ChartMill Relative Strength | 27.93 | NEGATIVE | TRNO has a low relative strength, it was outperformed by 72.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.63 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TRNO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.67 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for TRNO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
56.26
+1.11 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.01%
1 Week-3.85%
2 Weeks-5.25%
1 Month-1.09%
3 Month-17.05%
6 Month-7.21%
12 Month-0.57%
2 Year-8.27%
3 Year-7.33%
5 Year9.9%
10 Year176.46%
15 Year211.69%
Volatility
ATR(14)1.41
ATR(20)%2.35%
ATR Inc-8.9%
Range Today1.07
ADR(20)1.14
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.93
Mansfield-1.33
10 Day High59.6
10 Day Low54.42
20 Day High60.23
20 Day Low54.42
52 Week High71.63
52 Week Low48.18
CS1 End54.94
CR1 Start57.11
Volume & EV
DER(3)-0.1%
DER(5)-0.28%
Volume649.20K
Volume Incr-26.01%
Vol(5)685.14K
Vol(50)958.43K